Posted 11/20/2023, 6:01:00 PM
Bitcoin and BNB Prices Rally as Binance Nears $4 Billion Settlement with US Authorities
- Bitcoin and BNB Token prices rally on news of potential Binance settlement with US authorities
- Binance reportedly negotiating $4 billion settlement to resolve criminal charges in the US
- Settlement would allow Binance to continue operating, removing a major overhang for crypto market
- Bitcoin price rebounded from an initial dip to climb 1% on the day following settlement reports
- BNB Token saw an even larger 6% price rally with Binance's future more certain after potential settlement